News & Articles

December 29, 2020

How to Advise Clients on Restricted Stock Units

Joseph Safina is featured in this article by U.S. News Contributor, Coryanne Hicks | Published by: U.S. News

"Restricted stock units are stock-based compensation used to reward employees after a certain period of time," says Joseph Safina, founder and CEO of Safina Capital. When initially given, RSUs are simply a promise by a company to issue shares of the company stock to the recipient at a future date. They have no tangible value until that stock is issued when the RSU has vested, which typically happens a few years after the RSU is given or when certain performance metrics are met.[…]

December 3, 2020

Time Is Right for Airbnb, DoorDash IPOs, Asset Manager Says

Joseph Safina is interviewed by TheStreet’s Katherine Ross | Published by: TheStreet

Two companies--DoorDash and Airbnb--that are considered to be darlings by Silicon Valley are gearing up for their initial public offerings. DoorDash is looking at pricing between $75 and $85 a share.

In a revised IPO filing published last week, DoorDash set an initial IPO price range of $75 to $85. That spells a valuation range of $27 billion to $33 billion after accounting for outstanding stock options, warrants, and restricted stock units (RSUs)--well above the $16 billion valuation the company received in a June funding round.[…]

December 2, 2020

Stocks Under Pressure After Record-Breaking Rally

Joseph Safina is interviewed by Yahoo Finance’s Alexis Christoforous | Published by: Yahoo Finance

Video Transcript

ALEXIS CHRISTOFOROUS: But I want to get more now on the markets and bring in Joseph Safina, founder and CEO of Safina Asset Management. Joseph, good to see you. I don't know about you, but I think we're in a bit of a information vacuum right now for the markets. I mean, earnings season is over. We're now watching and waiting for vaccine news, for stimulus news. What do you see as the next big catalyst for this market?[…]

November 12, 2020

The John Williams Show – Wintrust Business Lunch 11/12/20: Stocks Slide as Coronavirus Cases Rise

Joseph Safina was a featured guest on the John Williams Show | Published by: WGN Radio 720

Joseph Safina, founder and CEO of Safina Capital, joins John Williams to talk about the stock market and how it’s reacting to the rise in COVID-19 cases, the health of the economy and the need for another government stimulus package.[…]
October 26, 2020

Pandemic Has Silver Linings For Companies, Workers

Article by: Joseph Safina | Published by: Forbes Finance Council

Since the pandemic started earlier this year, there has been a great cultural and lifestyle shift. This change away from the normal 9-to-5 lifestyle has affected businesses as well as individuals. Companies have changed operations, adopted new working strategies and restructured their operations. The negative side of Covid-19 is obvious. However, it’s not all gloom; the pandemic has had silver linings for companies and employees. Working from home, teleconferencing and adopting new tools are just a few of the recent trends. Here are some of the pandemic’s positive effects. […]
October 12, 2020

Investors Are Willing to Bet on Companies Surviving COVID-19

Article by: Joseph Safina | Published by: CEOWORLD Magazine

While COVID-19 brings the world economy to its knees, many companies are finding capital is relatively easy to acquire. Companies that acted quickly to rethink their operational plan and remobilize employees to work from home models for the purpose of increasing earnings have proven to investors that the company can take a punch, adapt and move forward – which ultimately is what investors want. Investors are looking for companies that can post positive cash flows and earnings in the midst of a pandemic and recession. These are the companies that will survive anything, and that’s where investors will be willing to invest in […]
October 1, 2020

How To Form A Successful Global Joint Venture

Article by: Joseph Safina | Published by: Forbes Finance Council

Global joint ventures can be a great way to do business. They allow companies to gain access to foreign markets, technology and resources. Companies looking to take their products to new markets may enter into joint ventures with partners offering complementary strengths to compensate for their weaknesses. Many companies now prefer to create joint ventures as a springboard to overseas markets as they are an easier way of undertaking international trade. The overseas partner provides knowledge of infrastructure, local market conditions, regulations and culture. However, a global partnership is not easy to come by. It is a risky business strategy […]
September 10, 2020

Four Tips For Restructuring Your Company’s Debt During The Pandemic

Article by: Joseph Safina | Published by: Forbes Finance Council

As a result of the global economic downturn caused by the Covid-19 pandemic, companies big and small are facing a crisis. Low sales and revenue have caused massive layoffs and redundancies. Even large multinationals are experiencing declining profits in several sectors, such as consumer discretionary and energy. The lower economic activity is forcing companies to rethink their debt management. If your company is in a hard-hit sector, you might be struggling to comply with your debt and interest coverage. In this context, renegotiating loan repayment with lenders can help avoid bankruptcy and redundancies. If your company is operating on debt, restructuring can also […]
May 11, 2020

Going Public 101: What You Need To Know To Get Started

Article by: Joseph Safina | Published by: Forbes Finance Council

Public companies like Apple and Facebook are often in the news, especially when they first launch an initial public offering (IPO). Going public is a great way to raise capital for a business. It raises a company’s public profile and perception, but it’s not an easy fix. Going public changes the power dynamic of a company, splitting ownership and inviting regulatory scrutiny. It’s not for the weak of heart. An IPO is only one way to go public, too. Direct public offerings and alternative public offerings are also popular. Whatever method you choose, your company will receive a valuation as […]
March 11, 2020

Why Brands Are Shifting To Direct-To-Consumer Marketing

Article by: Joseph Safina | Published by: Forbes Finance Council

The past few years have seen a dramatic uptick in the number of direct-to-consumer (D2C) brands. This explosion has shifted the brand/consumer relationship — no longer are upcoming brands (or traditional ones, for that matter) relying on physical stores or intermediaries to showcase their products or services to the public. Consumers can now buy everything from makeup and eyeglasses to household items and vitamins online, direct from brands themselves, effectively cutting out retailers. Today’s consumers own this buy/sell relationship, in a sense. The majority of today’s D2C brands were born on the internet. Their target audience is the younger generation […]